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We examine the role of the board, ownership, and CEO characteristics in CEO compensation in Indian firms. Contrary to the evidence documented in prior studies, we find that CEO compensation is not associated with board characteristics. Instead, compensation is associated with firm's ownership...
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others. This manipulation holds constant wages and piece rates, as well as human and physical capital. On cash-rich days …
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others. This manipulation holds constant wages and piece rates, as well as human and physical capital. On cash-rich days …
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